Azul Linhas Aéreas Brasileiras signed a final contract with Empresa Brasileira de Aeronáutica (Embraer) for the purchase of 30 E 195-E2 jet aircraft, Embraer reported Wednesday in São José dos Campos.
The contract, announced as a letter of intent at the 2014 Farnborough International Airshow, also includes options for an additional 20 jets of the same model, bringing the potential total order to 50 E195-E2 aircraft.
The contract for the E2 E-Jets has an estimated value of US$3.2 billion for Embraer’s based on list price if all options are exercised, with the first delivery scheduled for the second quarter of 2020.
The Brazilian airline has a total of 82 E-Jets in operation and an order backlog of another six and operates the largest fleet of E195 jet aircraft in the world.
Azul Linhas Aéreas Brasileiras is the airline with the largest number of destinations served in Brazil, has a fleet of 143 aircraft and offers over 900 daily flights.
Azul is also one of two competitors vying to buy 66 percent the group TAP – Portugal Group whose proposals were accepted by the Portuguese government, a decision based on a report submitted this week by state holding company Parpública. (macauhub/BR/PT)